MeritSystems
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🚀Top Project From Recent Funding Round 💰Merit Systems🚀
🎉 Merit Systems has just secured $10.00M in its latest funding round! 🎉
🔹About: Merit Systems is a groundbreaking initiative aimed at transforming the economics of open-source software development. Launched in January 2025, Merit Systems developed an attribution protocol that tracks developers' contributions and rewards them proportionally to the value they create. The project seeks to create a sustainable economic model for open-source projects by moving away from reliance on volunteer contributions or corporate backing. Key features include rich attribution information integrated into software version control systems like GitHub, allowing capital sources to route funds directly to codebases and incentivize builders. The project has raised $10 million in seed funding co-led by Andreessen Horowitz’s crypto fund and Blockchain Capital, with a post-funding valuation of $55.5 million. Co-founders Ryan Sproule, Sam Ragsdale, and Mason Hall bring extensive experience from notable tech and crypto environments. Merit Systems aims to empower developers and ensure fair compensation for their valuable contributions to open-source projects. 🚀🌐
🔹 Lead Investors: a16z, Blockchain Capital, Packy McCormick, Anatoly Yakovenko, Dan Romero and many more.
🔹 Total Raised: $10.00M.
🔹 Project Category: Blockchain Infrastructure.
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🔹About: Merit Systems is a groundbreaking initiative aimed at transforming the economics of open-source software development. Launched in January 2025, Merit Systems developed an attribution protocol that tracks developers' contributions and rewards them proportionally to the value they create. The project seeks to create a sustainable economic model for open-source projects by moving away from reliance on volunteer contributions or corporate backing. Key features include rich attribution information integrated into software version control systems like GitHub, allowing capital sources to route funds directly to codebases and incentivize builders. The project has raised $10 million in seed funding co-led by Andreessen Horowitz’s crypto fund and Blockchain Capital, with a post-funding valuation of $55.5 million. Co-founders Ryan Sproule, Sam Ragsdale, and Mason Hall bring extensive experience from notable tech and crypto environments. Merit Systems aims to empower developers and ensure fair compensation for their valuable contributions to open-source projects. 🚀🌐
🔹 Lead Investors: a16z, Blockchain Capital, Packy McCormick, Anatoly Yakovenko, Dan Romero and many more.
🔹 Total Raised: $10.00M.
🔹 Project Category: Blockchain Infrastructure.
🌟If You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#BTCNextATH #web3 #BinanceAlphaAlert #MeritSystems #InfrastructureCoins $PYTH
$LINK
$SOL
Merit Systems raises $10M in a funding round
#MeritSystems secures $10M in a funding round co-led by a16z crypto and Blockchain Capital, with participation from angel investors. Merit Systems will utilize raised funds to accelerate Open Source Capitalism.
Merit Systems is an open source economic infrastructure that allows capital sources to route funds to the code base and directly incentivize builders.
👉 x.com/merit_systems/status/1879939809189466524
#MeritSystems secures $10M in a funding round co-led by a16z crypto and Blockchain Capital, with participation from angel investors. Merit Systems will utilize raised funds to accelerate Open Source Capitalism.
Merit Systems is an open source economic infrastructure that allows capital sources to route funds to the code base and directly incentivize builders.
👉 x.com/merit_systems/status/1879939809189466524
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